Latest news with #BPCL
Time of India
19 hours ago
- Business
- Time of India
BPCL Share Price Live Updates: BPCL Trading Below Key Support Level
Stay informed with the BPCL Stock Liveblog, your comprehensive resource for real-time updates and in-depth analysis of a leading stock. Get the latest details on BPCL, including: Last traded price 337.95, Market capitalization: 147617.65, Volume: 497283, Price-to-earnings ratio 11.0, Earnings per share 30.74. Our liveblog combines fundamental and technical insights to provide a holistic view of BPCL's performance. Stay ahead of the market with breaking news that can influence BPCL's trajectory. Our expert analysis and stock recommendations empower you to make well-informed financial decisions. Trust the BPCL Stock Liveblog for up-to-date information and expert insights. The data points are updated as on 10:08:16 AM IST, 23 Jul 2025 Show more Show less
Hans India
2 days ago
- Politics
- Hans India
Fortunate to work under Naidu's leadership, says Vemireddy
Nellore: MP Vemireddy Prabhakara Reddy has said that he feels fortunate to work under the leadership of Chief Minister Nara Chandrababu Naidu who has been striving hard for the development of the State. As part of ongoing 'Suparipalanalo Tholi Adugu' programme, the MP along with Kavali MLA Dagumati Venkata Krishna Reddy has inaugurated Rs 6-crore worth various developmental programmes at Chelamcharla village in Kavali rural mandal on Monday. Speaking on thet occasion, the MP said that during his tours for 20 times to New Delhi as Chief Minister, 'Chandrababu Naidu has brought several projects worth crores of rupees to AP as no Chief Minister earlier has done to protect the interests of the State. While saying that Kavali was his native constituency, the MP has assured the people that he would develop the area spending funds under MP Local Area Development Scheme (MP Lads). The MP said that unemployed youth of Kavali constituency would have jobs as the works are under progress for establishment of airport and BPCL company in Dagadarthi mandal in a war-footing. The MP has recalled that he has established a Drinking Water Plant (DWP) under VPR foundation in 2018 which is uninterruptedly continuing till date. Stating that there are 200 DWPs existing in Nellore district, the MP said that the VPR Foundation would establish more to cater to the needs of people. Kavali MLA Dagumati Venkata Krishna Reddy has said that Chelamcharla village was witnessing much development. Recently a road was laid and tap connections were being provided to every house under Jal Jeevan Mission (JJM). The MLA has disclosed that it was proposed to establish power sub-station at Siripuram village to overcome low voltage problem very soon. On the occasion, the MP and MLA visited every house and explained the welfare schemes being implemented by the TDP-led coalition government. Party leaders P Alekhya, A Ramakrishna, M Venkateswara Rao, Ramprasad and others were present.
Time of India
2 days ago
- Business
- Time of India
BPCL Share Price Live Updates: BPCL Stock Price Analysis
22 Jul 2025 | 09:03:19 AM IST Discover the BPCL Stock Liveblog, your ultimate resource for real-time updates and insightful analysis on a prominent stock. Keep track of BPCL with the latest details, including: Last traded price 342.85, Market capitalization: 148637.2, Volume: 2611, Price-to-earnings ratio 11.15, Earnings per share 30.74. Our comprehensive coverage combines fundamental and technical indicators to provide you with a comprehensive view of BPCL's performance. Stay informed about breaking news that can sway BPCL's trajectory in the market. With our expert insights and stock recommendations, make well-informed financial decisions. Join us on this journey as we explore the exciting potential of BPCL. The data points are updated as on 09:03:19 AM IST, 22 Jul 2025 Show more
The Wire
2 days ago
- Business
- The Wire
PSU Dividends to Govt Have Doubled in Last Five Years: Report
New Delhi: The Union government has doubled the dividends it has received from public sector companies (PSUs) in the last five years to Rs 74,000 crore, according to a report by The Hindu, and a large chunk of these dividends came from five few oil, gas and coal companies. The report, based on the company-wise dividend data from the Department of Investment and Public Asset Management (DIPAM), stated that these five fuel-related PSUs accounted for Rs 1.27 lakh crore, or 42.3% of the total Rs 3 lakh crore dividends the Union government has collected between the financial years 2020-21 and 2024-25. These companies are Coal India Ltd, Oil & Natural Gas Corporation (ONGC), Indian Oil Corporation (IOC), Bharat Petroleum Corporation (BPCL) and Gail (India). Coal India alone gave Rs 10,252 crore, followed by ONGC with a payment of Rs 10,002 crore and BPCL with Rs 3,562.47 crore in 2024-25. This is excluding dividends received from the Reserve Bank of India and the nationalised banks. While the DIPAM data shows that IOC and BPCL together saw a 255% increase in their dividend payouts to the government since 2022-23 and a 65% decrease in oil prices, only a 2% decrease in petrol prices was passed on to the public. As per policy revisions in November 2024, central PSUs must now deliver at least 30% of its profit after tax (PAT) or 4% of its net worth as dividends, whichever is higher. This is a big chunk of government revenue. A government official was quoted by The Hindu as saying that this is due to a 'calibrated' approach to balance revenues from disinvestments and dividends. 'The government's disinvestment policy announced during the pandemic is still very much in place, but it is not progressing as fast as it was initially hoped,' the official was quoted as saying, 'At the same time, many PSUs are turning profitable and so the government is maximising the dividends it can earn from them.'
Mint
5 days ago
- Business
- Mint
PM Modi unveils ₹5,400 crore development projects in Bengal
Prime Minister Narendra Modi on Friday launched a slew of development projects worth ₹ 5,400 crore in West Bengal, unveiling major initiatives across the oil and gas, power, rail and road sectors aimed at boosting infrastructure, connectivity and clean energy in the region. Addressing a programme in the industrial town of Durgapur, Modi said the world today is discussing India's resolve to become a developed nation, and the ongoing transformation of the country's infrastructure is a key pillar of that vision. "Today, the entire world is discussing the resolve for a developed India. Behind this, there are changes visible in India, on which the edifice of a developed India is being built. A major aspect of these changes is India's infrastructure," the prime minister said. Reiterating his government's vision of 'One Nation, One Gas Grid', Modi said the Pradhan Mantri Urja Ganga project was conceptualised to ensure equitable energy access and spur industrial growth across eastern India. As part of the day's events, the PM laid the foundation stone for Bharat Petroleum Corporation Limited's (BPCL) ₹ 1,950-crore City Gas Distribution project in Bankura and Purulia districts. The project aims to supply piped natural gas (PNG) to households and industries, compressed natural gas (CNG) at retail outlets, and generate employment in the region. He also dedicated to the nation the ₹ 1,190-crore Durgapur–Kolkata section (132 km) of the Durgapur–Haldia Natural Gas Pipeline, laid under the Pradhan Mantri Urja Ganga (PMUG) initiative. Passing through Purba Bardhaman, Hooghly and Nadia districts, the pipeline is expected to benefit lakhs of people with a steady and clean supply of natural gas. Continuing the Centre's thrust on clean energy, Modi dedicated Flue Gas Desulphurisation (FGD) systems retrofitted at the Durgapur Steel and Raghunathpur Thermal Power Stations of Damodar Valley Corporation (DVC). Built at a combined cost of over ₹ 1,457 crore, the systems aim to curb industrial emissions and improve air quality in the region.
